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Afrocentric Group and Medscheme bags three awards in one week

03 August 2017 Medscheme
From left to right- Modjadji Tati (Executive Director: Human Capital), Thembekile Madonsela (Manager: EAP and Wellness) and Bronwyn Marais (Wellness Coordinator)

From left to right- Modjadji Tati (Executive Director: Human Capital), Thembekile Madonsela (Manager: EAP and Wellness) and Bronwyn Marais (Wellness Coordinator)

AfroCentric Group and its subsidiary, Medscheme, received three awards when the health and medical aid sector recognised them for efficiency, innovation, member experience and employee wellness in the industry.

At the annual Board of Healthcare Funders’ (BHF) conference in Cape Town, Medscheme was recognised with the Titanium award for Service Excellence in Administration.

AfroCentric Group received the Titanium Award for Excellence in Corporate Social Investment. In Johannesburg, AfroCentric Group received an award for the Best Health and Wellbeing Strategy

The annual Future of HR awards 2017, seeks to motivate South Africa’s most outstanding, inspiring and effective leaders in people management strategies and HR innovation.

AfroCentric Group, listed on the Johannesburg Stocks Exchange, is black-owned, provides health administration and health risk management solutions to the healthcare funding industry.

In addition, AfroCentric provides a range of complementary services to its traditional medical scheme clients as well as a portfolio of healthcare-related enterprises. These services include IT solutions, transactional switching and specialized disease management.

Quick Polls

QUESTION

The second draft amendments to Regulation 28 will allow retirement funds to allocate up to 45% of their assets to SA infrastructure, with a further 10% for rest of Africa; but the equity & offshore caps remain unchanged. What are your thoughts on the proposal?

ANSWER

Infrastructure? You mean cash returns with higher risk!?!
Infrastructure cap is way too high
Offshore limit still needs to be raised
Who cares… Reg 28 does not apply to discretionary savings
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